30 Jun 2008 18:01
Form TR-1 with annex. FSA Version 2.1 updated April 2007
| For filings with the FSA include the annex For filings with issuer exclude the annex |
| TR-1: Notifications of Major Interests in Shares |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Danka Business Systems PLC | ||
| 2. Reason for notification (yes/no) | |||
| An acquisition or disposal of voting rights | Yes | ||
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | ||
| An event changing the breakdown of voting rights | No | ||
| Other (please specify):______________ | |||
| 3. Full name of person(s) subject to notification obligation: | Mr AD Frazier | ||
| 4. Full name of shareholder(s) (if different from 3): | Cypress Merchant Banking Partners II LLP | ||
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 27 June 2008 | ||
| 6. Date on which issuer notified: | 30 June 2008 | ||
| 7. Threshold(s) that is/are crossed or reached: | 31% | ||
| 8: Notified Details | ||||||||
| A: Voting rights attached to shares | ||||||||
| Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||
| Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | ||||
| Direct | Indirect | Direct | Indirect | |||||
| Ordinary Shares | 1,540,228 | 1,540,228 | 118,208,321 | 1,540,228 | 116,668,101 | 0.40% | 30.67% | |
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 118,208,321 | 31.07% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| Proxy Voting: | |
| 10. Name of proxy holder: | Mr AD Frazier |
| 11. Number of voting rights proxy holder will cease to hold: | 116,668,101 |
| 12. Date on which proxy holder will cease to hold voting rights: | 27 June 2008 |
| 13. Additional information: | Mr AD Frazier is the Chairman of Danka Business Systems PLC. He has been appointed as proxy for holders of 116,668,101 Danka Ordinary Shares to vote on resolutions at the EGM to be held on 27 June 2008. The terms of Mr Frazier's appointment as proxy allow him to exercise his discretion to vote on matters proposed at the EGM which have not been set out in the Notice of Meeting. When proxy expires: 27.81% of the voting rights will return to Cypress Merchant Banking Partners II LLP |
| 14 Contact name: | Jean Dinovo Johnson Company Secretary |
| 15. Contact telephone name: | +1 727 622 4745 |